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08/10/04
08:29
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It is about time to see some price action in PSA.
HH spot was at $6.24 for Friday delivery. Futures are down 5 to 7 cents per mcf for all the contracts.
Unfotunately the A$ is near 73 cents which doesn't help, but I guess PSA is more an American company than an Australian one in reality.
Injections were at 81 BCF - way higher than the estimate put out by Robry825 on the CWEI board and way over the average build.
Me thinks that the drop in Canadian injections over the past two weeks found its way into the US and were injected there.....
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